JAMB Economics 2022 Objective — Question 15

Question 15 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2022 Objective paper, with the correct answer and a full explanation.

The major role of a middleman is

A. distribution of commodities to all consumers regardless of incomeCorrect
B. distribution of commodities to consuming centres
C. ensuring economic welfare to all
D. ensuring wealth to all

Explanation

Through its warehousing function, a middleman ensures that goods are distributed to all sections of the economy/all consumers, regardless of their income level.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Economics 2022 Objective More Economics past papers